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    815 Main St Mitchell, IN 47446

    For Sale
    $139,000

    Main Street storefront, high visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located at 815 W Main Street in Mitchell, Indiana, presents a fantastic opportunity for business owners seeking high visibility and ample space. The building boasts a substantial 2,869 square feet of interior space, ideally suited for a variety of commercial uses. The layout allows for flexibility

    Property Features for 815 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mitchell
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.47544
    Latitude
    38.73253

    Nearby Comparable

    • $1,295,000
      0.33 Acres

      Historic Indiana Bakery - Two Locations

      Established bakery, two locations, equipment included.
      915 Main St, Mitchell, IN 47446
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    • $220,000
      Pending

      Versatile Property in Central Mitchell

      1.2-acre property with two buildings, ideal for various uses.
      319 W Frank St, Mitchell, IN 47446
      View Details

    Nearby Similar for Sale

    • $220,000
      Pending

      Versatile Property in Central Mitchell

      1.2-acre property with two buildings, ideal for various uses.
      319 W Frank St, Mitchell, IN 47446
      View Details
    • $249,000
      0.52 Acres

      Mitchell, IN Mixed-Use Property

      Income-producing commercial property on a highly visible corner lot.
      2465 Old Highway 60 W, Mitchell, IN 47446
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    • $144,900
      1,924 SF

      Mitchell, IN Duplex on Acre

      Duplex on 1 acre lot, currently rented, great investment!
      300 Yockey Est, Mitchell, IN 47446
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    • $1,295,000
      0.33 Acres

      Historic Indiana Bakery - Two Locations

      Established bakery, two locations, equipment included.
      915 Main St, Mitchell, IN 47446
      View Details
    • $295,000
      9.91 Acres

      Mitchell Industrial Property - Huge Potential

      9.9 Acres, 12,000+ sq ft Industrial Space
      3030&3032 Poplar St, Mitchell, IN 47446
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Main Street storefront, high visibility
    Where is this commercial real estate located?
    The property is located at 815 Main St Mitchell, IN.
    What is the asking price?
    The asking price for this property is $139,000.
    (812) 849-4663
    Request Owner's contact information
    815 Main St Mitchell, IN 47446
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    Mitchell, IN 47446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    815 Main St Mitchell, IN 47446
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